...Sale Information: $30,855,000 Illinois Finance Authority Revenue Refunding Bonds, Series 2016 (Christian Homes, Inc. Obligated Group), via negotiation the week of Feb. 15. Security: Pledge of gross revenues, first lien mortgage and security interest in the facilities, and a debt service reserve fund. Purpose: Refinance the 2007D bonds, a portion of the 2007A bonds, the callable portion of the 2010A bonds, and a 2015 bank loan of approximately $3 million. The remaining $10 million will fund future capital projects and pay for the costs of issuance and a debt service reserve fund. Final Maturity: 2039....
